Paraag Marathe has been 'busy' with 49ers Enterprises' takeover of Rangers amid Leeds United's promotion.
The Elland Road side are secure of their place in the English Premier League next campaign, and have won the Championship.
Marathe is chairman at Leeds and, along with 49ers Enterprises, calls the shots at the club.
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Former owner Andrea Radrizzani has lifted the lid on how Marathe is caught up in a deal to take over at Ibrox: "I speak to him normally a couple of times every month and we stay in touch during the season," said the Italian [Sky Sports].
"We comment about Leeds, we comment about other football trends, but particularly about Leeds, and we just spoke recently this week when he was in Leeds. But he was also busy at Rangers looking for new opportunities, so I'm in touch with them very often."
49ers Enterprises and Andrew Cavenagh are set to acquire a majority stake to take control of Rangers.
A club statement read last month: "Rangers and its existing controlling shareholders are in productive conversations with the two lead members of the Consortium, Andrew Cavenagh and 49ers Enterprises Global Football Group, about the potential for the Consortium to acquire control of the club and to inject additional capital.
"These discussions reflect a shared recognition of the importance of Rangers FC's long-term direction, ambitions and management."
It is set to be a busy summer in Govan, with the club on the hunt for a new permanent manager.